@Mike9241
one thing to do if you dispose of a PTP if there are QBI losses you can include as a separate income item in the QBI section for the current year any section 751 income (basically deprecition recapture - not all PTP's have this but in 2023 it wa reported on line 20AB
PTP QBI computations for those that are not SSTBs are a separate calculation from your schedule C.
Could you please care to elaborate this?
I have one K1 PTP where there is 20 AB - It says Section 751 gain = $11100
But this amount is same as Ordinary Income in Sales Section (column 7)
Where to enter this? In From 8995 or worksheet, which line item? How as software is NOT letting me to add or change anything?
